News Overview

In the second quarter, EBITDA increased by 27.5% to ₹813.8 Crore, with an EBITDA margin of 61.7%, up from 52.4% the year before.

The total IPO size is ₹260.04 Crore, with ₹217.21 Crore raised from the issuance of fresh shares and ₹42.83 Crore allocated for the OFS.

The SBI Nifty India Consumption Index Fund offers an opportunity to participate in consumption theme, passively

The price band for the IPO has been set between ₹1427 to ₹1503 per equity share.

In a volatile month, there was some interesting buy and sell action seen in mutual funds in September 2024

The companies plan to utilize existing production facilities in Chakan, Pune, owned by both SAVWIPL and Mahindra, for the manufacturing of these new vehicles.

Despite the ban in the F&O segment, the affected stocks can still be traded in the cash market.

The EBITDA margin was 38.7% in the reporting quarter, up from 27.2% in the same period last fiscal year. 

Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA) fell 26.8%, recording ₹434 Crore versus ₹593 Crore year-on-year.

In February 2024, JFE Steel and JSW incorporated JSW JFE Electrical Steel Private Limited, a joint venture for GOES production.